How would a bunch of money being parked into the Steem Backed Dollar, as opposed to the Tether or United States Dollar raise the price of Steem... did I miss that part or something?
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How would a bunch of money being parked into the Steem Backed Dollar, as opposed to the Tether or United States Dollar raise the price of Steem... did I miss that part or something?
No, nobody here has provided any logic to that effect. They just assume people are going to flock to some no-name, 200-ranked crypto because some weirdos promise to peg it.
Hmm, that's what I figured, and thank you sir.
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Nice!